Courtyard West has undergone a comprehensive renovation program featuring modernized interiors and significant exterior enhancements. These improvements minimize near-term capital expenditure requirements and position the property as a true turnkey investment.

The asset offers an assumable Freddie Mac loan at a below-market interest rate with partial-term interest-only payments, providing immediate financing advantages for new ownership.

The property’s 36 units feature large two-bedroom floor plans, appealing to a wide renter base seeking affordability without compromising space. All third-floor units boast double-height vaulted ceilings, enhancing desirability.

Courtyard West benefits from an existing tax abatement tied to naturally occurring affordable rents, delivering meaningful operating expense savings and supporting long-term cash flow stability.

Located along Fernandina Road, the property offers immediate access to I-26 and proximity to Columbia’s major employment hubs, retail corridors, and lifestyle amenities. Approximately 30,000 jobs are within a 3 mile radius and 50,000 within 5 miles, reinforcing strong renter demand.

Columbia’s multifamily pipeline remains extremely limited, creating a sustained supply-demand imbalance. With an estimated 30 new residents moving to Columbia daily, the market is poised for continued rent growth—projected at up to 15% over the next five years.